Posts Categorized: Market Insights

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Villa Taj, BACK ON THE MARKET!

Around a year ago, I wrote about a 30,000 plus square foot home fit for only a king, Villa Taj in Burr Ridge.  In February, with a potential client trying to buy the place for $6mm, I learned that the seller wasn’t entertaining any potential buyers who can’t back up their interest with a $10mm documented net… Read more

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Chicago Real Estate Market Shows Growing Short Term Weakness

In the aftermath of the homebuyer tax credit, Lucid Realty’s August Chicago Real Estate Market Summary shows growing short term weakness but longer term strength. Chicago, IL (PRWEB) September 20, 2010 – Today, Lucid Realty, Inc. announced the results of its August Chicago Real Estate Market Summary, compiled from 4 different data sources. The real estate… Read more

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Hinsdale Single Family Home Sales Still Steady in 2010

According to the data published by MRED LLC., there were 42 single family homes sold in Hinsdale during the month of June 2010,  that’s up 50% from the same month in 2009 when there were 28 single family home sales. Under 10% of these homes sales was a result of a short sale or foreclosure… Read more

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French Country Estate, Yours for the Bid!- Riverside, IL Auction

122 Nuttall Rd, Riverside, IL 60546 Always on the lookout for opportunity, I spotted a beautiful home coming to the auction block on July 27, 2010.  Grand Estates is selling this home at an ” Absolute Auction”  with “No Minimum or Reserve – Regardless of Price”; that is,  free and clear of all liens.  Basically, you can name… Read more

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Continuing Signs Of Improvement In Chicago Real Estate Market

Market conditions for 2 and 3 bedroom condos in the city of Chicago continue to show improvement through February. Once again inventory (months of supply) of these condos is lower on a year over year basis. This continues a trend that began in June, 2009, with February at about half of 2009’s level. In addition,… Read more